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Asahi Glass sign Chinese supply contract

In the last week of December, the China National Chemical Construction Corp. (CNCCC) signed a contract with China“s Jin Hua Chemical (Group) and Asahi Glass of Japan. The contract will benefit from l…

In the last week of December, the China National Chemical Construction Corp. (CNCCC) signed a contract with China“s Jin Hua Chemical (Group) and Asahi Glass of Japan. The contract will benefit from loans granted by the Asian Development Bank. Under the agreement, Jin Hua Chemical (Group) of Huludao in Liaoning Province will buy technology and equipment worth US$ 11 million for the production of caustic soda from the Japanese company. The deal is expected to enable Jin Hua to produce 80,000 tons of caustic soda by membrane processing annually.

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